Japan's Nikkei jumps 3.3% on Tuesday as buyers return to chip stocks

Tokyo's Nikkei 225 index closed Tuesday, July 21, up 2,091 points, or 3.26 percent, at 66,232, while the broader TOPIX gained 2.44 percent to 4,015.

The jump was a technical rebound after a three-day decline, as investors, with last week's worries easing, returned to semiconductor and artificial-intelligence-related shares. In the currency market, the dollar traded in the mid-162 yen range, a tailwind for Japan's export-oriented stocks. Market attention now turns to upcoming earnings reports from major US technology companies.